Sunbeam Auditor Is Reviewing
Financial Statements for 1997

Arthur Andersen LLP is reviewing 1997 financial statements for Sunbeam Corp., raising the possibility of problems with an audit that the accounting firm had just recently reaffirmed.

As a result of the review, Sunbeam said it delayed filing a registration statement on a $2-billion zero-coupon bond offering that was made to institutional investors in March. In January, Andersen gave the company an unqualified opinion on its 1997...